SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Shop TV. Inc. OTC.BB SHTV. -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (93)2/10/1999 7:49:00 PM
From: GARY P GROBBEL  Respond to of 139
 
Freak...what is your take on this?

gpg



To: GARY P GROBBEL who wrote (93)2/10/1999 7:49:00 PM
From: FREAKAZOID  Read Replies (2) | Respond to of 139
 
Ther are two parts to this post..PRO & CON read them both.

This looks horrible!! (1)reverse split(2)100,000,000 shares added at some point to the float. We do not even know how long the shares will be restricted. Remember SHTV is not reporting and they don't have to tell anyone. Reverses rarely go over well. I am not telling anyone what to do but even if you don't sell..come Feb.23 you will have exactly 1/10 of the stock you have today. Watch very close now!!

This doesn't look so horrible!!(1)Reverse split to immediately decrease the new 100,000,000 shares, in planning for NASDAQ (not bloody likely). Could a market cap of 55 mil be acheived by such a move (maybe) could a reverse of 1 for 10 get close to a $4 share price (close) could it be maintained for 30 days (very tough call). There are two schools of thought, pick your poison..what you choose could loose the lot or make a tidy profit.

The #'s are very suspicious for either scenario. I honestly do not think SHTV could get their act together quickly enough to become reporting much less make a move for the NASDAQ. I think you can tell which way I am leaning in the morning.

freak!!